Press release
Unlocking Global Peristaltic Pumps Market Potential: A Comprehensive Scope of Strategies and Opportunities Until 2032 || Valmet Oyj, IDEX Corporation, Ingersoll Rand
As per The Business Research Company's Peristaltic Pumps Opportunities And Strategies Market Report 2023, the global peristaltic pumps market reached a value of nearly $1,489.1 million in 2022, having grown at a compound annual growth rate (CAGR) of 9.4% since 2017. The market is expected to grow from $1,489.1 million in 2022 to $2,258.1 million in 2027 at a rate of 8.7%. The market is then expected to grow at a CAGR of 10.3% from 2027 and reach $3,694.3 million in 2032.During the forecast period, the rapid industrialization and growth in manufacturing industries will support the growth of the peristaltic pumps market. The market is expanding as a result of increasing demand from end-use industries as well as the industrialization and urbanization of emerging economies. In the upcoming years, the need for peristaltic pumps will rise as a result of the rising demand for environmentally friendly waste-water treatment methods. According to the United Nations Industrial Development Organization (UNIDO), global manufacturing production increased by 9.4% in 2021.
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Companies in the market are launching new, advanced peristaltic filling pumps to cater to the growing demand from the biopharmaceutical industry. Peristaltic fillers are suitable for transferring thin liquids into tiny bottles and vials and can aid in biopharmaceutical therapy development. For example, in June 2021, Watson-Marlow Fluid Technology, a UK-based company that provides niche peristaltic pumps and associated fluid path technologies for the chemical, environmental, food and pharmaceutical industries, launched the Flexicon PF7+, a peristaltic filling pump that offers a no-waste solution for critical aseptic final fill applications.
The top opportunities in the peristaltic pumps market segmented by type will arise in the peristaltic tube pumps segment, which will gain $514.4 million of global annual sales by 2027. The top opportunities in the peristaltic pumps market segmented by product type will arise in the fixed speed pumps segment, which will gain $418.4 million of global annual sales by 2027. The top opportunities in the peristaltic pumps market segmented by discharge capacity will arise in the 30-50 psi segment, which will gain $306.2 million of global annual sales by 2027. The top opportunities in the peristaltic pumps market segmented by end-user will arise in the water and wastewater treatment segment, which will gain $179.1 million of global annual sales by 2027. The peristaltic pumps market size will gain the most in the China at $213.5 million.
Peristaltic Pumps Market Segmentation:
The peristaltic pumps market is segmented by type, by product type, by discharge capacity, and by end-user.
By Type -
a) Peristaltic Tube Pumps
b) Peristaltic Hose Pumps
By Product Type -
a) Fixed Speed Pumps
b) Variable Speed Pumps
By Discharge Capacity -
a) Up To 30 Psi
b) 30-50 Psi
c) 50-100 Psi
d) 100-200 Psi
e) Above 200 Psi
By End User -
a) Pharmaceutical And Medical
b) Water And Wastewater Treatment
c) Food And Beverage
d) Chemical Processing
e) Mining
f) Pulp And Paper
g) Other End Users
Major players in the peristaltic pumps market include Valmet Oyj, IDEX Corporation, Ingersoll Rand, Spirax-Sarco Engineering Plc, Graco, Inc.
The regions covered in the global peristaltic pumps market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The latest report from The Business Research Company, 'Global Peristaltic Pumps Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.
Peristaltic Pumps Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
…………
20. Key Mergers And Acquisitions
21. Opportunities And Strategies
22. Peristaltic Pumps Market, Conclusions And Recommendations
23. Appendix
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